Hong Kong’s largest electricity producer, CLP Power, is reducing electrical tariff by 3%, as reported by Hong Kong news media such as this article in The Standard.
Yes, reducing, not increasing.
Yet, people in HK are complaining. They were expecting a bigger cut!
“The Democratic Party’s Fred Li Wah-ming said he was disappointed by the low rate and urged CLP to show more transparency in their development plans. ‘We were expecting a double-digit cut but it ended up with a single digit only and that is only 3 percent,’ he said…”
What about Singapore?
Well, we are different.
Singapore Power SP Services wants to increase our electrical tariffs by 21%!